UBS Maintains Buy on ConocoPhillips, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on ConocoPhillips but lowers the price target from $153 to $140.
September 18, 2024 | 2:11 pm
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UBS analyst Josh Silverstein continues to recommend buying ConocoPhillips stock but has reduced the price target from $153 to $140, indicating a more conservative outlook.
The Buy rating suggests continued confidence in ConocoPhillips, but the lowered price target reflects a more cautious stance on its future performance. This mixed signal may lead to neutral short-term price movement as investors digest the implications.
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IMPORTANCE 80
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